Author Question: What motivated the Mexican government to shift away from centralized economic management to a more ... (Read 31 times)

cabate · **on:** Jul 8, 2018

What motivated the Mexican government to shift away from centralized economic management to a more open and competitive free-market system?

a. Canada and the U.S. demanded an open economy for Mexico to be allowed to enter NAFTA.
b. The PRI was voted out of office for the first time in 20 years and the new administrations instituted reforms.
c. The U.S. refused to provide a bailout package and the government was forced to shut down for six months.
d. The price of oil fell, and Mexico was forced to borrow to cover its spending, resulting in a large national debt.

Question 2

Lzaro Crdenas was much beloved by some, and severely criticized by others, for

a. attacking the Americans at the Alamo.
b. nationalizing industries and creating the state oil corporation, Pemex.
c. leading the opposition to President Huerta in the Mexican Revolution.
d. signing the North American Free Trade Agreement.